Funding Sources

• Department of Housing and Urban Development (HUD)
  • Community Development Block Grants
  • HOME
  • Low Income Housing Tax Credits (another LIHTC resource and information page)
• US Department of Agriculture (USDA) for rural housing
• The National Housing Trust Fund Campaign - Working to establish a National Housing Trust Fund that would build and preserve 1.5 million units of rental housing for the lowest income families over the next 10 years.
• PolicyLink - Excellent page on funding sources for affordable housing.
• GovLoans.gov - Home Housing loan information for homebuyers
• Local Initiatives Support Corporation
• The Enterprise Foundation
• Coalition of Community Development Financial Institutions (CDFIs)

• Florida Department of Community Affairs Housing page DCA - The state's growth management agency provides information on DCA programs, as well as links to other housing resources.
• Florida Housing Finance Corporation - A public corporation of the state of Florida that offers homeownership programs, multifamily development programs, predevelopment and demonstration project loans, and technical assistance for local governments and nonprofits. The Corporation also administers the State Housing Initiatives Partnership (SHIP) Program. Florida has a housing trust fund created by the Sadowski Affordable Housing Act, which was adopted in 1992. This legislation established a dedicated revenue source for affordable housing, part of which is distributed by the State to various local governments through the SHIP Program. The trust fund was created through the documentary stamp tax on real estate transfers. For the last three fiscal years, funding has been reduced to $193 million each year, with remaining funds either diverted to general revenue or not appropriated. A cap at $243 million is scheduled to go into effect for FY 07-08. Local SHIP Contacts
• Florida Community Capital Corporation/Florida Community Partners FCP - Statewide not-for-profit organized by 16 national and region banks to work with government and private funding for affordable housing development.
• Florida Community Loan Fund - Statewide, federally certified community development financial institution that provides financing to support affordable housing, economic development and essential social services.

• Local government contacts for the SHIP Program